Bitcoin Correlation With S&P 500 Hits 2-Year High – What This Means For Investors
The price of Bitcoin put in another positive performance over the last seven days, looking to end the month and start October on an even stronger footing. Continuing its resurgence over the past few weeks, the premier cryptocurrency climbed as high as $66,000 on Friday, September 27th. Recent data...
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CZ walks free, Caroline Ellison receives prison sentence, and more: Hodler’s Digest, Sept. 22 – 28
Binance founder CZ walks free, former Alameda Research CEO Caroline Ellison sentenced to two years, and more: Hodlers Digest...
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Cardano Turns 7: A Look Back At Key Milestones And The Road Ahead
On Friday, the Cardano blockchain marked its seventh anniversary, solidifying its position as one of the most recognized protocols in the cryptocurrency market. Currently, Cardano’s native token, ADA, ranks eleventh among cryptocurrencies, boasting a market capitalization of approximately $14 billion. Input Output Global (IOG), the development company behind Cardano,...
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Is Bitcoin (BTC) On Track For A 100-Day Rally? Analyst Unveils Cycle Forecast
Bitcoin has experienced a bullish week, surging 6% since Wednesday, igniting excitement among analysts and investors who believe this could be the beginning of the next major rally. The last significant rally, from January to March, propelled Bitcoin’s price up by 91%, nearing all-time highs. Now, market participants are...
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Benzinga Bulls And Bears: Apple, Tesla, Novo Nordisk, Bitcoin — And Shiba Inu’s Major Stablecoin Tease
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The Dow Jones Industrial Average hit a record high Friday as investors analyzed data showing continued progress in lowering inflation. Wall Street posted its third straight...
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Ethereum Fees On The Rise Again, What’s Driving This?
On-chain data shows that Ethereum transaction fees have been rising again recently. Here’s what could be behind this trend. Ethereum Average Fees Has Registered A Notable Uptick Recently In a new insight post, the on-chain analytics firm Santiment talked about how the Ethereum network has recently become more expensive....
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Bitcoin Bull Arthur Hayes Predicts ‘Volatility Supercycle’
Arthur Hayes, co-founder of BitMEX, highlighted the contrast between the vibrant crypto community and traditional finance while predicting a “volatility supercycle” in his latest essay. What Happened: Hayes admitted that his short-term predictions are often inaccurate, but the overarching thesis of central bank intervention remains valid. “As long as...
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From Binance’s Zhao To Silk Road’s Ulbricht: Meet The Crypto Moguls Who Amassed 272 Years Of Prison Time
Binance co-founder Changpeng Zhao was released on Friday, after having served a four-month sentence for failing to implement Anti-Money Laundering (AML) measures between 2017 and 2022. But Zhao’s case is just one among many that highlight the growing enforcement against crypto crimes. The crypto industry has seen intense legal...
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Lummis Predicts Positive Outlook For Crypto If Senate Shifts To Republican Control
In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US elections. With just under two months until voters head to the polls, Lummis emphasized the need for a robust digital asset framework...
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Crypto Market: Data Shows Retail Fades, But Are Big Investors Seizing the Moment?
Despite the ongoing gradual recovery in crypto prices, the latest data has shown a shift in sentiment among retail investors, particularly those in the Korean market, who appear to be more cautious. A CryptoQuant analyst named Mac D recently published insights on the CryptoQuant QuickTake platform, highlighting the implications...
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